Insurance Companies Listings and Ratings Guide For Insurance Agents & Brokers

Here is that the newest, Revised Version of the simplest insurance companies listings. These are compiled during a top 100 ratings guide format. The listings are in alphabetical order helping insurance agents & brokers locate an insurer. determine how your opinion compares. How are you able to possibly rate an insurance company? i will be able to mention briefly the varied ways, show you the tactic I is employed for this text , and why.

BY NUMBER OF AGENTS

This ratings guide listing method evaluates the insurer by the sheer number of insurance agents & brokers currently licensed and under contract. with carrier. I feel this evaluation to be worthless for a mess of reasons. First of all there are variety of career health and life assurance agencies that have thousands of representatives. However, of these,up to 80% of the entire agents are relatively new in attempting to determine credibility within the industry. Four years down the road only 6% of the many an insurance firm agency force will maintain enough production to remain career representatives.

Moreover, my findings uncover inaccuracy of this method thanks to licensing renewal process state insurance departments impose on the insurer. Most state departments of insurance send the renewal report forms on a yearly basis. there's a fee to be paid by each ins agent renewed. What makes it difficult is that the variation of various paperwork procedures by individual states for removing non-active ins reps. The paperwork consists of costly, time consuming forms and procedures for the insurance firm to form any changes. Renewing all the sales representatives is usually cheaper, and thus the route the insurer frequently takes. This also gives the insurance firm bragging rights to what percentage sales people write for them.

Personally i used to be shown in state insurance department records as licensed for 11 years after I wrote my last case.

INSURANCE CO FINANCIAL RANKING LISTINGS

There are four or five top independent firms that employ this insurer rating of a corporation supported a mess of monetary factors. tons has got to do with projecting the financial stability of the insurer. this is often accomplished by closely dissecting past and present financial history. It covers how the insurer investments perform, and therefore the rate of return. An insurance evaluation also takes in consideration the quantity of money available , and the way much exists in reserves to pay present and future claims.

There is a consensus among life assurance association members into believing that the very best rated insurers are the simplest of the bunch. Yet association members structure but 12% of the entire producer base. the opposite insurance agents and brokers, (the majority), don't agree that these are always the simplest ones to use for his or her client's needs. Logic tells you that a more moderen quality insurer doesn't have past history to start out out top ranked. In my situation, clients bought what I presented them. Nearly half the time it had been NOT the very best rated company by the rating firms. I however sold the client what their emotional needs demanded. Many past insurance companies with rankings within the best 100 later financially failed, and still frequently neutralize today's world.

BY RANKING OF PREMIUMS COLLECTED

This is a really common sort of insurance firm listing & ranking to supply . Insurance companies are rated by total number of premiums they collected that year. It seems rather unfair to combine annuity premiums in with all dollars collected. Producers realize it is simpler to sell a $20,000 annuity than a $20,000 premium insurance policy. the opposite fault I find with using total premiums collected is with who actually contributed a piece of the premiums collected. With some companies a huge amount of those premiums weren't collected by the typical sales person. tons of institutional buyers directly bought many thousands of dollars of annuity premiums.

BY RATINGS IMPORTANT TO HEALTH & LIFE SELLERS

This is my way. As fair and balanced from an sales representative perspective as feasible. Premiums are collected from the 1,500,000 agents, trying to form a living by selling insurance policies during this industry. Often these sales are done one by one. Plus, of this 450,00 independent brokers, semi-independent agents and a few career reps write, counting on which company, 50% to 100% of that insurance co business.

This rankings method is imposed because I find the insurance companies listing is meant to be a beneficial directory. One that independent brokers, semi-independent representatives, along side some career reps can address . this is often a guide directory to other insurers that you simply may consider writing production for.

The insurance companies listing and ratings guide to the highest 100 is purposely placed in alphabetical order rather than by premium or financial data. you'll not agree completely with the listing, because we've left in some companies with a robust percentage of business sold in annuities, and investment products.

In the eyes of a typical health and life broker, this guide is of health and life assurance companies is about as accurate as possible.

1. Aetna 2. AIG life assurance Company** 3. Allianz life assurance Company of North America 4. American Family life insurance Co of Columbus 5. American Fidelity Assurance Company 6. American General Life and Accident INS Co** 7. American General life assurance Co** 8. American Income 9. American Memorial 10. American National Life 11. Americo Financial Life And Annuity 12. Anthem Blue Cross 13 Aurora National Assurance 14 Aviva Life and Annuity Company 15. AXA Equitable 16.Bankers Life and Casualty Company 17. Banner 18. Beneficial Life 19. C.M. Life Ins 20. Colonial Life & Accident 21. Columbus Life 22. Conseco Life 23. Farmers New World 24. First-Penn Pacific 25.Forethought 26. General American 27. Genworth 28. Gerber 29. Great American 30. Great-West Life & Annuity 31. Guardian 32. Hartford Life and Accident Ins Company 33. Hartford 34. Homesteaders 35. Indianapolis Life 36. ING 37. Jackson National 38. John Hancock 39. John Hancock life assurance Company USA 40.. Kansas City Life 41.. Lafayette 42.. Liberty life insurance Co of Boston 43.. Liberty National 44.. Life Ins Company of North America 45. Life Ins Company of the Southwest 46. Life Investors Ins Co of America 47. Lincoln Benefit 48. Lincoln Heritage 49. Lincoln National 50. Massachusetts Mutual 51. Metropolitan 52. Midland National 53. Minnesota Life 54. Monumental Life 55. MONY - America 56. MONY - ny 57. National Guardian 58. National Life 59. New England Life 60. ny Life Ins and Annuity Corporation 61. ny Life 62. North American Co for all times & Health Ins. 63. Northwestern Mutual 64. Ohio National Life 65. OM Financial 66. Pacific Life 67. Penn Mutual 68. Phoenix Life Ins 69. Primerica 70. Principal 71. Protective 72. Provident Life and Accident 73. Pruco 74. Prudential - America 75. Reassure America 76. Reliance Standard 77. ReliaStar 78. Riversource 79. Security lifetime of Denver y 80. Standard 81. Stonebridge 82. Sun Life and Health 83. Sunset 84. Surety 85. Symetra 86. Transamerica 87. Transamerica Occidental 88. Trustmark 89. U.S. Financial 90. Union Central 91. Union Security 92. United Healthcare 93. United Ins Company of America 94. United Investors 95. United of Omaha 96. us Life 97. Unum 98. West Coast 99. Western and Southern Life 100. Western Reserve life insurance Co of Ohio Note: Sagicor Life, Foresters, and Illinois Mutual should appear on rock bottom 3 listings, replacing the businesses listed above as #6, 2, and 7.

**AIG life assurance Company, American General Life, American General Life and Casualty Comments

This group of companies wont to be one the very best premium generating, and highest ranked insurance companies within the us . Still, after two massive Federal Bailouts, the longer term is uncertain. Therefore, AIG Life is not any longer deserving of being on this top 100 list guide.

GUIDE TO QUESTIONABLE life assurance COMPANY LISTINGS

The following insurance companies listings often might be included in several sorts of some top 100 Life ins company rankings IF you were evaluating premiums written. Sometimes the premiums contains considerable amounts of annuity premiums. Also counted in would be insurers where an outsized portion of sales don't come from representatives and sales people. Instead it's written by security stock brokerage firms, and independent broker-dealers of variable investment contracts not governed by insurance departments. In other cases, products could also be directly strictly toward teachers, the military, or credit unions. during a couple cases, there are companies with pending litigation. A representation of this mixture of insurers is listed below:

1. Cuna Mutual 2. Genworth Life and Annuity 3. Harford Life and Annuity y 4. John Hancock Variable Life 5. Mayflower National 6. Metlife - Connecticut 7. Metlife Investors USA 8. MML Massachusetts 9. Nationwide 10. Nationwide Life & Annuity 11. NYLife of AZ 12. PHL Variable 13. Sun life insurance Co of Canada 14. Teachers Ins and Annuity Assoc of America 15. USAA 16. Shenandoah -- financial difficulties

There is a grand total of over 600 Licensed Life/Health Companies "active" in every state of the us . However, some aren't currently writing new business. additionally , there are many active in just one or a couple of states, so you'll find them missing from the highest insurance firm listings. Most states have a real actual listing count of 220 to 330 life and health home offices currently accepting new cases from licensed agents & brokers.

Advisor's predition. If i select from the provider listings above, Foresters would be my top pick because the next rising star. Its innovative niche products are beginning to create a high demand. Also watch Genworth, its stock value has zoomed and therefore the company is extremely adaptive to plug opportunities.

Well published author, Don Yerke likes to consider what you do not know or what nobody else dares to print. Therefore, he enjoys telling it love it is.

Watch for his new paper-back book debuting on Amazon early this summer. it's loaded with great insurance marketing. brokerage, and recruiting information.